Derek 12 Jan 2018Morning, International: The DOW only took a short breather before continuing its strong bull move. The HangSeng and FTSE are following and also making new highs. I had to zoom out to be able to show you that the DOW is now in the 3rd phase of its bull run. No sign of it ending yet. ![]() Like Boeing is Caterpiller one of the main drivers of the DOW. Notice the strong trend. ![]() I am oblidged to show Intel Corporation again. It bounced yesterday without closing the window completely. Do notice however that the trend lines are not broken yet! ![]() JSE Technical: Resourses, resourses, resourses .... while the rest is correcting. With the RAND weakening again, we do have a few Rand Hedge shares that is moving positively. British American Tobacco has broken its trend line and notice that the MACD has also broken up. ![]() Richemont has also broken the negative trend line and notice where FrontRunner and MACD broke up. ![]() Enjoy your day and do not be scared to invest in shares making new highs! |
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